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X Company Uses Periodic System for Inventory following data related to inventory flow during January 2021 Date Explanation # of Units Cost per unit Jan.1

X Company Uses Periodic System for Inventory following data related to inventory flow during January 2021
Date Explanation # of Units Cost per unit
Jan.1 Beg. Inventory 100 $10
Jan.5 Purchases 150 $12
Jan.10 Purchases 200 $13
Jan.15 Purchases 180 $14
Jan.25 Purchases 70 $15
During January total Sales were 500 units at a selling price of $50

Units Available for Sale

Cost OF Ending Inventory under FIFO

Cost of Ending Inventory under WA

Cost of Goods Sold (CGS) under WA

Cost of Goods Available For Sale

Gross Profit Under WA

WA cost per Unit

Gross Profit Under FIFO

Cost of Goods Sold (CGS) under FIFO

Sales Revenue

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